He’s been in office a month, and he’s been busy. I haven’t
approved of his executive orders so far. None, as far as I can see, bear any
resemblance to his campaign promises. Most seem to be about punishing people he
doesn’t like, or people he thinks don’t like him. But last week I read about an
executive order I can stand behind: an order to stop minting new pennies. There’s
not a single thing you can buy for a penny, and there hasn’t been for a long,
long time. Fewer people use cash to purchase items. Even if that weren’t the
case, retailers could easily set their prices so they’d never need to make
change in pennies. Moreover, it cost 3.69 cents for each penny we minted and
distributed last year, making each coin a loss of 2.69 cents. If only he hadn’t
written, “I’ve instructed MY Secretary of the US Treasury to stop
producing new pennies.”
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